Tongaat Hulett presented their strategic plan for developing several large land holdings in KwaZulu-Natal, South Africa. Their plan focuses on five key themes: 1) partnerships with local government, 2) integrated human settlements, 3) urban growth around Umhlanga, 4) coastal leisure developments like Sibaya, and 5) expanding the airport region like at uShukela. They outlined several major projects including the 1,300 hectare Cornubia integrated development, the 750 hectare coastal Sibaya project, and the 60 hectare Bridge City transit-oriented development. The presentation aimed to accelerate the pace of converting agricultural land into developed areas to generate value for stakeholders.
1. Tongaat Hulett
“Value Creation for all stakeholders through an all-inclusive approach to
growth and development”
DURBAN INVESTMENT AND BUSINESS ROADSHOW
2014
2. Agenda
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• TH Overview
• Strategic Planning on Portfolio Basis
• Key Business Themes
• Case Studies
• Cornubia Integrated Human Settlement project
• Sibaya
• uShukela
• Bridge City
• Concluding Comments
3. TH Overview
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• JSE-listed (TON) with a R22bn Market Cap and a staff complement of 42,000;
• Agriculture and agri-processing, renewable energy and bio-fuels;
• Conversion of agricultural land to urban development land;
• Operations located in 6 countries in the SADC region;
• 20 – year track record & development platform in fastest growing area of KZN;
Over 1mil sqm of Commercial, 500 ha Industrial platform 300,000sqm Resort space
• 8,200 developable hectares of prime land available and earmarked for development;
• Aims to accelerate the pace of land conversion, increase momentum and step-up value being unlocked
for all stakeholders.
4. Strategic Planning: Land and Infrastructure
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Strategic plan aligned with National, Provincial City’s long-term framework and economic development plans:
Provincial Growth and Development Plan
Local Area Plans and Coastal Management Plans
Climate Resilience Framework
Northern Urban Development Corridor Framework Identified Priority Economic Zones
5. Key Themes
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1. Partnerships: eThekwini Municipality and other government spheres/agencies;
2. Integrated Human Settlements: sustainable, integrated, mixed use, mixed income settlements;
3. Urban Growth: growth and consolidation of the Umhlanga Region;
4. Coastal Leisure: tourism, lifestyle high end residential precincts;
5. Airport Region: commercial, industrial and residential growth and development;
6. Commercial Approach: continuous adoption of innovative commercial approaches.
6. Growth Consolidation of Umhlanga – Cornubia
• Umhlanga fastest-developing and highest-value
node in Province;
• Western expansion of Umhlanga region into
Cornubia;
• Partnership between TH and eThekwini –
collaborative development;
On SIP 2 corridor and NUDC
1,300ha develop
24,000 low cost affordable housing
200ha commercial mixed use bulk
• In excess of R2bn invested to date by City,
Tongaat Hulett and private sector developers
• Only 15 ha remaining in Cornubia Industrial
Business Estate.
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10. Coastal, Leisure, High-end Residential– Sibaya
• Harmonious integration of urban
development with natural environment;
• Total extent of 750ha of which 350ha is
pristine coastal dune forest
• Well serviced from a road network
perspective
• Comprehensive international launch
planned in 2014 for;
• 125 ha Development Opportunity in Sibaya
Node 1 5:
2,325 residential units
620 Hotel rooms
Over 100,000sqm commercial space
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14. Airport region expansion – uShukela
• KSIA and Dube TradePort key economic
catalysts heart of Airport City;
• Aim to establish world class trade logistics
platform SEZ;
• DTP and TH own land strategically located in
the KSIA Aerotropolis region between 2
seaports and well connected by road and rail
infrastructure;
• Collaborative development by the parties to
ensure joint delivery of complementary land
uses supportive of airport and non-airport
related services;
Flexible zoning to cater for commercial,
industrial, mixed use and logistics uses.
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18. Transit Oriented Development – Bridge City
• 60ha New town centre and Business Estate
in the heart of a strong emerging market
• Development served by first class transport
infrastructure;
• Access to economic opportunities social
services for communities;
• Joint venture with eThekwini Municipality;
Shopping Centre;
Mixed use retail offices and residential
Regional Magistrate’s Court;
Regional Hospital;
Business Estate (light Industry);
• Ongoing public sector spending on IRPTN;
• New rail line into Bridge City opened in Feb
2014.
• 21ha still available in the town centre
and 5.7 ha in the business estate
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